Legal Matters

Elder Law Year in Review

March 2021 | While wills, trusts, and power of attorney are essential, they aren’t the entire estate planning story.

April 2021 | Last year, the government issued stimulus payments to qualified adults in the U.S. Scott reminded us that our stimulus payments are ours and will not be considered income if appropriately used within the year.

May 2021 | The government has allocated funding from the American Jobs Plan to expand the Home Care Medicaid program. It will now be easier for families to care for their loved ones at home.

June 2021 | It’s important for patients diagnosed with dementia or Alzheimer’s to have their Durable Financial Power of Attorney, Health Care Power of Attorney, Living Will, and HIPAA Release in order while they are still thinking clearly.

July 2021 | Long-term care is expensive, and those who don’t qualify for Medicaid are forced to pay out of pocket, sometimes to the tune of $9,500 per month. This month we learned about Medicaid Asset Protection Trusts and how they can help protect our resources.

August 2021 | This month Scott shared with us some valuable information about gifting money and avoiding a gift tax. If the tax implication of giving has been holding you back, wait no longer!

September 2021 | An estate plan will help your family avoid probate, distribute your assets, and care for you as you age. Think of an estate plan as a gift to your loved ones.

October 2021 | Does your family know what decisions you would like made at the end of your life? From living wills to health care power of attorney, Scott covered all the details.

November 2021 | The VA’s Aid and Attendant Care program pays monthly benefits to wartime veterans or their widow(er) who can pass tests to prove their service, meet the income threshold, and meet the net worth test.

Thank you again to Scott for nine months worth of incredibly valuable legal advice. We at Aging Times wish you all a warm and prosperous new year.